7 Denham Street
Port Macquarie, NSW 2444

Overview

7 Denham Street Port Macquarie NSW 2444

Positioned with a north-facing rear aspect on a level 698 square meter block, this robust dual-level property comprises three self-contained units all held on one title, located within walking distance to local amenities. The interiors have been updated with modern touches, featuring neutral color schemes and durable finishes throughout.

The upper level is dedicated to a spacious three-bedroom residence occupying the entire floor. This residence includes a bright lounge room, a separate dining area, and a practical kitchen. The living area extends to a wide front balcony, perfect for relaxation. The main bedroom is complemented by an ensuite, with a second bathroom servicing the other bedrooms. For year-round comfort, split system air conditioning has been installed.

The ground floor contains two separate two-bedroom units, each offering functional open-plan living spaces, well-equipped kitchens, and combined bathroom and laundry areas. The floor plans across all three units are efficient and straightforward, with neutral tiled living areas designed for long-term tenancy.

All three units are currently leased, providing established income streams: Unit 1 is leased at $475 per week until 4 February 2027, Unit 2 is on a periodic lease at $450 per week, and Unit 3 is leased at $580 per week until 20 April 2026.

A wide concrete driveway runs along the boundary, providing access to a triple carport located at the rear of the property. Additionally, there are three detached lock-up sheds offering extra storage space. The yard is fully fenced with established lawns and clear separation between parking and living areas.

The construction and layout of the property ensure low maintenance with minimal grounds to care for, resulting in manageable holding costs. This asset is structured for consistent performance and is ideal for investors seeking reliable returns.

Conveniently positioned within a short, level walk to Settlement City Shopping Centre, schools, clubs, cafes, restaurants, and the Marina precinct, accommodation this close to town is highly sought after and tightly held in the rental market.

This property represents a solid investment opportunity in one of Port Macquarie's most dependable locations. Key features include:

• Centrally positioned three-unit block on one title
• Level 698 square meter parcel with north-facing rear aspect
• Spacious upper-level three-bedroom residence
• Two well-configured ground-floor two-bedroom units
• Modern interiors with low-maintenance finishes
• All residences currently leased with income secured
• Triple rear carport and wide driveway access
• Three detached lock-up storage sheds
• Fenced yard requiring minimal upkeep

Additional property details include council rates of $4,500 per annum and a total rental income of $1,505 per week.

Prospective purchasers are advised to conduct their own enquiries and form their own judgments regarding the information provided.

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